News
TD Presents Laptops to Winners
Technology Distribution (TD) has given out brand new laptops to the first set of winners in its ongoing Laptomania promotion as part of its 10th anniversary celebrations.
Presenting the laptops to Joan Isemede, a student, and Ifeyinwa Umeh, a worker in Lagos, Mrs. Chioma Chimere, TD’s executive director, marketing, said that both winners were the first to win from the Lagos area and there would be winnings every week from all parts of the country.
She revealed that Laptomania was conceptualized to reward Nigerians in the six geo-political zones of Nigeria by giving out 1,000 laptops in 10 weeks to mark the 10th anniversary of TD.
Laptomania is supported by the HP, Zinox, Toshiba, Acer, and Dell, all international brands.
To qualify, a participant needs to text TD plus his/her name to 35056.
Chimere informed that the 10th anniversary celebrations of the company has been deliberately launched on the platform of a decade of distinctive leadership, in the last quarter of 2009, to ensure that consumers have a digital Christmas and New Year celebrations.
Characteristically the celebrations have been built around the customer with a view to give back to society in appreciation for the remarkable progress TD has made in its 10 years of operations in Nigeria and the West African sub region.
The 10th anniversary celebrations have been planned to span a period of 10 weeks and three main events have been packaged to ensure that the consumer and trade benefits get to the agreed targets. These events include Laptomania, TD Maths Quiz, and a Gala Nite.
Chimere explained that Laptomania puts up 1,000 laptops for grabs by resellers and end users in interactive SMS texts to a short code 35056.
The TD Maths quiz is a bi-annual Maths competition designed to enhance the teaching and learning of Mathematics for pupils in Primary four. TD considers Primary 4 as the class where a good foundation can be laid tor cognitive development.
The TD Gala Nite is an annual get together that unwinds pent up energies at the end of every year for the management and staff of TD and her resellers nation wide. These events would come with additional incentives, funfair and glamour to make the 10th Anniversary celebrations of TD a rewarding experience to Nigerians.
Chimere said that quality service delivery is one of the responsibilities that come with distinctive leadership and TD would deliver quality beyond the ICT products that come from original manufacturers to ensure that the consumer gets specific financial and social benefits.
Technology Distributions Limited commenced business in May 1999 as the pioneer bulk distributor in West Africa for HP, Microsoft, APC, and Epson. Armed with a vision to build a globally recognized ICT distribution company and become the key driver of technology revolution across Africa, TD has evolved into a world-class company with fully developed structures, processes and corporate governance and controls about 60 percent of ICT products distribution in West Africa.
News
Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.
According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.
Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.
He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.
“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.
He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.
The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.
In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.
He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.
News
NAICOM Issues New Licences to 43 Recapitalized Insurers

The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.
According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.
Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.
He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.
The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.
He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.
According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.
Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.
The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.
News
Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.
Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.
Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.
The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.
Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.
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